Global Trade Alert
Global Trade Alert

Venezuela: Temporary elimination of VAT on imports of valves

Announcement

07 Jun 2011

In June 2011, the government of Venezuela announced a targeted tax change.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

14 Jun 2011

Revocation date:

13 Jun 2012

Updated: 07 Jun 2011
Tax or social insurance relief
On 7 June 2011, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 8.278 which temporarily eliminates the Value Added Tax (VAT) on imports of valves corresponding to tariff line 8481...
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